Distressed asset specialist Lin joins Morgan Stanley

The US bank continues to expand its fixed-income team with the hire of Merrill Lynch veteran Carol Lin.

Carol Lin will join Morgan Stanley's interest rate, currency and credit IRCC division in February as Asia head of the sourcing and distribution platform for loans, distressed and stressed assets.

Most recently, she was a managing director and global bank sourcing coordinator at Bank of America Merrill Lynch in New York. In her newly created role, Lin will be based in Hong Kong and will report to Ben Falloon, a managing director in the IRCC unit in Hong...